Renewable energy developments continue at break-neck speed, with $644 billion to be spent on new capacity in 2024, but outdated and inadequate power grids could […]
Lithium Price Slump? Exxon Says No Problem
The price of lithium may have fallen and Albemarle may consider them to be “unsustainable”, but Exxon isn’t giving up on its lithium expansion plans, […]
Electric Vehicle Giant BYD Plans Factory in Mexico
Chinese electric vehicle major BYD is considering opening a factory in Mexico, the Wall Street Journal has reported. Citing unnamed sources, the publication said that […]
Metallurgical coal is the commodity world’s quiet performer
When looking at the commodities used to make steel, iron ore gathers the bulk of headlines given its strong link to the perceived health of […]
UK Ship Comes Under Attack in the Red Sea
A UK-registered vessel has become the target of attack off the Yemeni coast, with military authorities saying that the crew had abandoned the vessel. The […]
Fire Breaks Out in French Warehouse Full of Batteries
A fire broke out Saturday in a warehouse storing lithium-ion batteries in southern France, near Toulouse. Per media reports, the warehouse, property of local recycling […]
Wind and Solar Growth in China Not Enough to Offset Coal Expansion
In 2023, China’s economy expanded by 5.3%. This would have been an impressive number worth celebrating for any other country. For China, however, the number […]
World demand for liquefied natural gas jumps 50% by 2040: Shell
British energy group Shell on Wednesday forecast that world demand for liquefied natural gas would jump more than 50 percent by 2040, fueled by China […]
Trump Can’t Stop Energy Transition
Former President—and current Presidential candidate—Donald Trump—won’t be able to stand in the way of the Energy Transition, John Kerry said on Tuesday at the International […]
Europe’s Battery Storage Boom Is An $84 Billion Investment Opportunity
Europe is set for a boom in battery storage installations with grid-scale capacity expected to jump sevenfold by the end of this decade and represent […]